BIMCO adopts Energy Efficiency Data Sharing Clause for Time Charter Parties 2025
Denmark, May 6 -- On May 6, 2025, BIMCO announced the adoption of the Energy Efficiency Data Sharing Clause for Time Charter Parties 2025, according to the release.This clause is designed to facilitate collaboration between shipowners and charterers in enhancing data sharing practices to improve energy efficiency. The clause permits charterers to utilize existing onboard sensors and, with the owners' consent, to install additional sensors during the charter period.These sensors are intended for collecting data related to performance monitoring, operational efficiency, and other energy efficiency objectives.Installed sensors become part of the vessel's equipment and are thus considered the property of the owners, ensuring coverage under the ...
To read the full article or to get the complete feed from this publication, please
Contact Us.